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Brookfield Real Assetsome Fund Financial Strength

: 3 (As of Jun. 2021)
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Brookfield Real Assetsome Fund has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Brookfield Real Assets Income Fund Inc. displays poor financial strength. Usually this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

GuruFocus does not calculate Brookfield Real Assetsome Fund's interest coverage with the available data. Brookfield Real Assetsome Fund's debt to revenue ratio for the quarter that ended in Jun. 2021 was 2.15. Altman Z-Score does not apply to banks and insurance companies.


Brookfield Real Assetsome Fund Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Brookfield Real Assetsome Fund's Interest Expense for the months ended in Jun. 2021 was $-1.4 Mil. Its Operating Income for the months ended in Jun. 2021 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $300.0 Mil.

Brookfield Real Assetsome Fund's Interest Coverage for the quarter that ended in Jun. 2021 is

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Brookfield Real Assetsome Fund's Debt to Revenue Ratio for the quarter that ended in Jun. 2021 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2021 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 300) / 139.312
=2.15

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Brookfield Real Assetsome Fund  (NYSE:RA) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Brookfield Real Assetsome Fund has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Brookfield Real Assetsome Fund Financial Strength Related Terms

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Brookfield Real Assetsome Fund Business Description

Brookfield Real Assetsome Fund logo
Industry
Financial Services » Asset Management NAICS : 523930 SIC : 6282
Traded in Other Exchanges
N/A
Address
250 Vesey Street, 15th Floor, New York, NY, USA, 10281-1023
Brookfield Real Assets Income Fund Inc. is a diversified, closed-end management investment company. Its investment objective is to seek high total return, primarily through high current income and secondarily, through the growth of capital. The fund's portfolio is allocated into the various division which consists of high yield corporate credit, securitized credit, global real estate equities, global infrastructure equities, U.S. energy mlp equities and other assets and cash.
Executives
Wright William H Ii director C/O VIRTUS INVESTMENT PARTNERS 100 PEARL STREET HARTFORD CT 06103
Salvatore Louis P director 7 SYLVAN WAY PARSIPPANY NJ 07054
Mcfarland Stuart A director C/O FORTRESS INVESTMENT GROUP 1345 AVE OF THE AMERICAS 46TH FL NEW YORK NY 10105
Kuczmarski Edward A director C/O BROOKFIELD INVESTMENT MANAGEMENT INC BROOKFIELD PLACE, 250 VESEY ST, 15TH FL NEW YORK NY 10281-1023
Ghantous Angela W officer: Treasurer C/O BROOKFIELD INVESTMENT MANAGEMENT INC BROOKFIELD PLACE, 250 VESEY STREET, 15TH NEW YORK NY 10281-1023
Hurley Brian officer: President BROOKFIELD INVESTMENT MANAGEMENT INC. BROOKFIELD PLACE, 250 VESEY STREET, 15TH NEW YORK NY 10281-1023
Sachs Adam Ross officer: Chief Compliance Officer C/O BROOKFIELD INVESTMENT MANAGEMENT INC BROOKFIELD PLACE, 250 VESEY STREET, 15TH NEW YORK NY 10281
Noble Craig other: CEO & PM of the Adviser C/O BROOKFIELD INVESTMENT MANAGEMENT INC BROOKFIELD PLACE, 250 VESEY ST, 15TH FL NEW YORK NY 10281-1023
Janus Christopher other: Portfolio Manager BROOKFIELD PUBLIC SECURITIES GROUP LLC BROOKFIELD PLACE, 250 VESEY ST., 15FL, NEW YORK NY 10281
Parker Daniel Gary other: Portfolio Manager C/O BROOKFIELD INVESTMENT MANAGEMENT INC BROOKFIELD PLACE, 250 VESEY STREET, 15TH NEW YORK NY 10281-1023
Rieger Alexis I officer: Secretary C/O BROOKFIELD INVESTMENT MANAGAMNET INC BROOKFIELD PLACE, 250 VESEY ST., 15TH FL NEW YORK NY 10281-1023
Peeney Thomas Doyle officer: Secretary BROOKFIELD INVESTMENT MANAGEMENT INC. BROOKFIELD PLACE, 250 VESEY ST., 15TH FL NEW YORK NY 10281
Gelman Seth officer: CCO, other: CCO of Adviser C/O BROOKFIELD INVESTMENT MANAGEMENT INC BROOKFIELD PLACE, 250 VESEY ST, 15TH FL NEW YORK NY 10281-1023
Williams Jeffrey Conrad other: Sub-Adviser Portfolio Manager BROOKFIELD INVESTMENT MANAGEMENT INC. BROOKFIELD PLACE, 250 VESEY ST., 15TH FL NEW YORK NY 10281-1023
Goldman Heather S. director C/O BROOKFIELD INVESTMENT MANAGEMENT INC BROOKFIELD PLACE, 250 VESEY STREET, 15FL NEW YORK NY 10281-1023
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